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WHY CBS IS TURNING WALL STREET ON.
- Source :
- BusinessWeek; 5/2/1983, Issue 2788, p27-28, 2p
- Publication Year :
- 1983
-
Abstract
- The article discusses the stock price rise of CBS Corp. despite the company reporting its eighth straight quarterly decline in income from continuing operations. Market experts have observed the willingness of CBS chairman Thomas H. Wyman to look after unprofitable and costly operations quickly. According to analyst Susan Watson, CBS has lowered its breakeven point so that a small increase in revenue will result into relatively larger increase in profits.
- Subjects :
- STOCK prices
FINANCIAL analysts
BUSINESS revenue
CORPORATE profits
Subjects
Details
- Language :
- English
- ISSN :
- 00077135
- Issue :
- 2788
- Database :
- Complementary Index
- Journal :
- BusinessWeek
- Publication Type :
- Periodical
- Accession number :
- 59736375